Home Buying in 91030 : Questions & Answers

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Ryan Shimp,…, Real Estate Pro in Westlake Village, CA
Ryan Shimp, GRI, ABR answered:
I sold my home in a short sale last year. Can I co-sign on a loan for my daughter to purchase a home. We are looking in the South Pasadena, CA area.
Hello Mary,

Typically in order to obtain a new Fannie Mae backed conforming loan, you must wait 2 years from the date your short sale closed. Unfortunately in this case you wi ... more
0 votes Share Flag Thu Mar 14, 2013 Home Buying in South Pasadena
Monique &…, Real Estate Pro in Los Angeles, CA
Monique & Joe Carrabba answered:
In a short sale, is it possible to re-negotiate the sales price with the seller's lender to address issues discovered during the inspection?
Hello Ron L.

When you write an offer on a short sale that is usally the price you are going to pay. I have had properties go down in value and then requested the price be lowered bec ... more
0 votes Share Flag Tue Dec 21, 2010 Home Buying in South Pasadena
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
What would 1906 Mission Street, So Pasadena, sell for today?
Any local agent(s) can help you with comps--recently sold similar properties in the immediate area and help you establish a value--contact any realty office(s) and inquire--not sure any ... more
0 votes Share Flag Thu Jul 22, 2010 Home Buying in South Pasadena
Carrie Benus…, Real Estate Pro in Pasadena, CA
Carrie Benuska answered:
I work in Pasadena, and am looking for properties in South Pasadena, or Sherman Oaks. Which one is more affordable? My range is 500 - 600 K
Hi Kim,
I am an agent in the Pasadena area and am very familiar with South Pasadena. South Pas is a fantastic community with great schools and a great neighborhood vibe. It is close ... more
0 votes Share Flag Tue Jun 8, 2010 Home Buying in South Pasadena
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
I'm a buyer. The owner accept my short sale office in Jul 25. My agent told me Chasedone of BPO on Nov 10. I want to know how long i shoul...
Short sales are by no means short--ultimately it's the bank that decides to accept, reject or counter--consider all the red tape involved. The waiting period is entirely up to you- ... more
0 votes Share Flag Tue Dec 15, 2009 Home Buying in South Pasadena
Steve Ornell…, Real Estate Pro in Fremont, CA
Steve Ornellas answered:
Strategies for getting offer accepted without overbidding on REO and Short Sales?
Hi Ahmadgke,

An individually performed Comparative Market Analysis is the "gold standard" for approximating market value - period. A Comparative Market Analysis (CMA) gives you the b ... more
0 votes Share Flag Fri Mar 19, 2010 Home Buying in 91030
Dave Heck, Real Estate Pro in Arcadia, CA
Dave Heck answered:
Is $505 too high for HOA fees for a townhouse in South Pas?
That's a hard question to answer. The fact that it covers earthquake is a great, forced option. It is one of the highest fees I've ever seen. I hope the complex has all the bells and wh ... more
0 votes Share Flag Fri Mar 13, 2009 Home Buying in 91030
Mikem, Real Estate Pro in 01803
Mikem answered:
Can we trust zillow estimates? I checked 5 prospective homes and 4 out of the 5 were close to asking price.
No, you can't trust zillow's zestimates unless you feel +/- 20% is good enough. Although now and then zillow will get it right too.
0 votes Share Flag Tue May 6, 2014 Home Buying in 91030
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